Great news for teachers and school administrators! A feeling of relief will certainly be found when they hear that a tax credit they relied on might still be available for school supply purchased. A recent article from Education World stated that although the $250 tax credit expired this January, House Republications just passed a bill to make the deduction permanent.

The legislation will still need to gain approval in the full House, however it comes with benefits that the previous legislation did not offer. The ongoing tax credit did not adjust for inflation but this deduction would.

“’This tax deduction is timely, permanent, and will go a long way toward making sure educators continue to provide what students need to succeed,’ said Lily Eskelsen García, president of the National Education Association, the nation’s largest teachers union,” according to The Washington Post.

Indeed, the average teacher spends just under $500 on school supplies throughout the school year in order to take care of his or her classes’ needs as budget issues restrict schools and districts from offering more help.
Read more from our friends at EdWorld here: http://www.educationworld.com/a_news/teachers-could-soon-be-eligible-permanent-tax-credit-purchasing-supplies-1519557975